US Bancorp DE Buys 154 Shares of Expedia Group, Inc. (NASDAQ:EXPE)

US Bancorp DE grew its stake in Expedia Group, Inc. (NASDAQ:EXPE) by 1.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,257 shares of the online travel company’s stock after purchasing an additional 154 shares during the quarter. US Bancorp DE’s holdings in Expedia Group were worth $2,657,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Handelsbanken Fonder AB raised its holdings in Expedia Group by 17.8% in the 4th quarter. Handelsbanken Fonder AB now owns 30,744 shares of the online travel company’s stock worth $5,729,000 after purchasing an additional 4,656 shares in the last quarter. Caprock Group LLC raised its holdings in Expedia Group by 33.7% in the 3rd quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after purchasing an additional 2,569 shares in the last quarter. Teamwork Financial Advisors LLC bought a new position in Expedia Group in the 4th quarter worth $1,791,000. Cozad Asset Management Inc. increased its stake in shares of Expedia Group by 16.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after acquiring an additional 4,449 shares in the last quarter. Finally, Integrated Investment Consultants LLC bought a new position in shares of Expedia Group in the 3rd quarter worth about $527,000. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EXPE. Melius upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 price target for the company in a research note on Monday, January 6th. HSBC upgraded shares of Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price target for the company in a research note on Friday, February 7th. Wedbush reiterated a “neutral” rating and issued a $215.00 price target (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Wells Fargo & Company increased their price target on shares of Expedia Group from $168.00 to $199.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Finally, Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Nineteen research analysts have rated the stock with a hold rating, eleven have issued a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $192.64.

Expedia Group Price Performance

NASDAQ EXPE opened at $184.07 on Friday. Expedia Group, Inc. has a 12 month low of $107.25 and a 12 month high of $207.73. The stock has a market cap of $23.72 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 0.92 and a beta of 1.82. The company’s 50 day moving average is $187.12 and its two-hundred day moving average is $170.10. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. As a group, research analysts anticipate that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.40 per share. This is a boost from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $1.60 dividend on an annualized basis and a yield of 0.87%. Expedia Group’s dividend payout ratio (DPR) is presently 17.68%.

Insiders Place Their Bets

In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the sale, the director now owns 168,505 shares in the company, valued at $31,198,700.75. This trade represents a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the sale, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,000 shares of company stock worth $4,577,900. Company insiders own 6.80% of the company’s stock.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.